ECOWAS - Air conditioning Machines without Refrigeration Unit - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Air conditioning Machines without Refrigeration Unit 2024
Market Size for Air conditioning Machines without Refrigeration Unit in ECOWAS
The ECOWAS market for air conditioning machines without refrigeration unit amounted to $X in 2022, growing by X% against the previous year. In general, consumption recorded a measured expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Production of Air conditioning Machines without Refrigeration Unit in ECOWAS
In value terms, production of air conditioning machines without refrigeration unit rose markedly to $X in 2022 estimated in export price. Over the period under review, production recorded temperate growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a somewhat lower figure.
Exports of Air conditioning Machines without Refrigeration Unit
Exports in ECOWAS
In 2022, the amount of air conditioning machines without refrigeration unit exported in ECOWAS fell significantly to X units, waning by X% compared with the year before. Over the period under review, exports saw a dramatic setback. The smallest decline of X% was in 2013. Over the period under review, the exports of hit record highs at X units in 2021, and then declined markedly in the following year.
In value terms, exports of air conditioning machines without refrigeration unit dropped notably to $X in 2022. In general, exports recorded a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined dramatically in the following year.
Exports by Country
Nigeria (X units) represented roughly X% of total exports in 2022.
Nigeria experienced a relatively flat trend pattern with regard to volume of exports of air conditioning machines without refrigeration unit. While the share of Nigeria (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) also remains the largest air conditioning machins without refrigeration unit supplier in ECOWAS.
In Nigeria, exports of air conditioning machines without refrigeration unit increased at an average annual rate of X% over the period from 2012-2022.
Export Prices by Country
The export price in ECOWAS stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to X% per year.
Imports of Air conditioning Machines without Refrigeration Unit
Imports in ECOWAS
In 2022, after two years of growth, there was significant decline in overseas purchases of air conditioning machines without refrigeration unit, when their volume decreased by X% to X units. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then fell notably in the following year.
In value terms, imports of air conditioning machines without refrigeration unit skyrocketed to $X in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.
Imports by Country
Nigeria was the key importer of air conditioning machines without refrigeration unit in ECOWAS, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Senegal (X units), Guinea (X units), Cote d'Ivoire (X units), Ghana (X units) and Burkina Faso (X units), together constituting a X% share of total imports. Togo (X units) took a little share of total imports.
Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Togo (X%), Senegal (X%), Cote d'Ivoire (X%), Guinea (X%) and Burkina Faso (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) illustrated a downward trend over the same period. Nigeria (X p.p.), Senegal (X p.p.), Cote d'Ivoire (X p.p.), Guinea (X p.p.) and Togo (X p.p.) significantly strengthened its position in terms of the total imports, while Burkina Faso and Ghana saw its share reduced by X% and X% from 2012 to 2022, respectively.
In value terms, Nigeria ($X) constitutes the largest market for imported air conditioning machines without refrigeration unit in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Senegal ($X), with a X% share of total imports. It was followed by Cote d'Ivoire, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Senegal (X% per year) and Cote d'Ivoire (X% per year).
Import Prices by Country
In 2022, the import price in ECOWAS amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Togo ($X per unit), while Guinea ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for air conditioning machins without refrigeration unit in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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